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Grindr rises after beating earnings, revenue expectations

The company reported earnings results on Thursday.

Grindr reported quarterly earnings results that beat Wall Street expectations and full-year guidance in line with consensus estimates.

For the last three months of 2025, the company reported:

  • $54.9 million in adjusted EBITDA, compared to the $51.9 million analysts polled by FactSet were expecting.

  • $125.9 million in revenue, compared to the $122 million analysts were penciling in.

For the full year in 2026, Grindr expects:

  • Revenue greater than $528 million, right in line with analyst expectations.

  • Adjusted EBITDA of $217 million, compared to the $216.4 million the Street is currently expecting.

Grindr rose more than 4% in after-hours trading. The company is down about 13% since the start of the year.

The company has been testing out new features and premium tiers, with one costing up to $499 a month.

Late last year, Grindrs board rejected a $3.5 billion take-private deal from two of the companys largest shareholders.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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